Central

In bid to resurrect rupee, NRIs can get upfont loans for dollar deposits

The foreign banks are offering upfront financing for wealthy non-resident Indians (NRIs) to set up dollar deposits in India following various central bank incentives, including cheap dollar/rupee swap rates.

Hong Kong police start removing barricades, protesters caught unaware

Hong Kong police early Monday started removing street barricades at sites where pro-democracy demonstrators have been holding more than two weeks of rallies, paralysing parts of the Chinese financial hub.

Repatriate refugees to Mizoram: Tripura

Agartala, Aug 2 (IANS) The Tripura government and a Lok Sabha member from the state have once again urged the central government to take steps to repatriate the 35,000 tribal refugees to Mizoram, officials said here Saturday. Lok Sabha member from Tripura and former rural development and industries minister Jitendra Chaudhury raised the issue in the Lok Sabha Friday and demanded their immediate repatriation to Mizoram. About 35,000 Reang tribals are sheltered in seven camps located in north Tripura for 17 years after they fled their villages in western Mizoram following clashes with the majority Mizos over the killing of a Mizo forest official.

Court pulls up CBI for incomplete reply to Tytler plea

New Delhi, July 23 (IANS) The CBI was Wednesday pulled up by a court here for filing an incomplete reply to a plea filed by Congress leader Jagdish Tytler, facing charges of forgery of a letter sent to the prime minister.

President commends Central University of Kerala

Kasargod (Kerala), July 18 (IANS) President Pranab Mukherjee Friday expressed his happiness over the progress made by the Central University of Kerala here in a short span of time. This university had braved the initial limitations of infrastructure and support facilities to start its academic activities with two post-graduate programmes, said Mukherjee, who was the chief guest at the first convocation of the university. "It is commendable that within two years of receiving this permanent site for a campus, this institution has succeeded in creating the essential minimum infrastructure to shift five academic departments and the administrative wing," he said.

Government defends Ramasundram's appointment to CBI

New Delhi, July 14 (IANS) The NDA government Monday defended in the apex court the appointment of senior IPS officer Archana Ramasundram as CBI's additional director by the previous UPA government which had overruled a selection panel which recommended another officer's name. The selection committee, comprising the chief vigilance commissioner, other two vigilance commissioners, the union home ministry and personal and training department secretaries and the Central Bureau of Investigation (CBI) director, had recommended the the lone name of IPS officer R.K.Pachananda.

Sensex gains 205 points to end seven-day losing streak

MUMBAI (Reuters) - The BSE Sensex rose 1 percent on Thursday, snapping a seven-session losing streak as lenders rallied after the Reserve Bank of India governor announced bond purchases, easing some concerns about losses in the sector tied to their heavy debt holdings. Shares also tracked a regional rally after U.S.

Potent brew: Politicians, policemen, drug-traffickers (Goa Newsletter)

Panaji, Jan 12 (IANS) The political hand in Goa's drug mafia nexus has resurfaced. Only, this time, the Congress has alleged that two BJP ministers, including a former state party president, were involved in the drug trade in north Goa